Queensland Consolidated Acts

WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 75

75 Whether applicant fit and proper

(1) This section applies when the Regulator is deciding whether a single employer or group employer is fit and proper to be licensed or to have a licence renewed.

(2) The Regulator may consider any relevant matter and must consider the following matters—

(a) whether the single employer or group employer is, and is likely to continue to be, able to meet its liabilities;

(b) the long-term financial viability of the single employer or group employer evidenced by any relevant consideration including, for example, its level of capitalisation, profitability and liquidity;

(c) the resources and systems that the single employer or group employer has in Queensland for administering claims for compensation and managing rehabilitation of workers;

(d) whether the single employer or group employer will be able to give the information the Regulator may require in the way the Regulator may require;

(e) for an application for renewal of a licence—whether the self-insurer has performed the functions, or exercised the powers, under section 92 or 92A reasonably.